Business

Muscat: The construction of a scaffolding unit by Triangle Engineering has been completed in Sohar and is set to manufacture 960 tonnes of scaffolding...

Dhahran: Saudi Aramco has created a subsidiary to house its multibillion-dollar pension fund and could spin off its aviation division, sources said, as it...

Muscat: The MSM30 Index closed at 4,584.95 points, down by 0.37 per cent. MSM Sharia index closed at 654.5 points, down by 0.15 per cent. HSBC Bank Oman was...

Muscat: International real estate advisor Savills has completed the acquisition of Cluttons Middle East, a leading real estate consultancy business in the...

Muscat: Nama Group has commenced preparations to launch Tranche 3 of Lamar Project (funding programme) by floating an open tender. This is limited to...

Sydney: Commonwealth Bank of Australia (CBA) agreed to pay a record penalty of A$700 million ($529.3 million) to settle explosive money laundering charges...

Doha: Qatar Petroleum (QP) signed an agreement on Sunday with Exxon Mobil to acquire a 30 per cent stake in two of Exxon's affiliates in Argentina...

London: Iraq and Iran have begun exchanging crude oil, the Iranian oil ministry's news agency SHANA said on Sunday. Crude from the Kirkuk field in...

Sydney: The head of airplane sales at Airbus dismissed concerns about a sharp drop in orders for the A330neo jet and predicted European wide-body demand...

Muscat: A shareholders' agreement has been signed for the development of a Building Material Market Project in Duqm. The agreement has been signed by...